Aekyung Industrial Supports Migrant Background Youth

[Asia Economy Reporter Yujin Cho] Aekyung Industrial Co., Ltd. (CEO Yoonkyu Lee) held a scholarship fund ceremony for migrant background youth at the Community Chest of Korea building located in Jung-gu, Seoul, to celebrate the 35th anniversary of its founding.

Instead of a founding anniversary event, Aekyung Industrial conducted the scholarship fund ceremony with the purpose of practicing love and respect, which are both the company’s name and corporate philosophy.

To commemorate its 35th anniversary, Aekyung Industrial provided annual tuition support to a total of 35 multicultural and migrant family high school students. The support amount was an average of 2.5 million KRW per student, totaling 87.5 million KRW, which can be used for tuition fees and talent education costs for university admission.

In particular, earlier this year, news was shared that among the Aekyung Industrial scholarship students who have been receiving scholarships since their first year of high school in 2017, six students entered university and one found employment, adding deeper meaning to the true spirit of sharing.

The migrant background youth scholarship fund event began in 2015 to commemorate the 30th anniversary of Aekyung Industrial’s founding and is now in its sixth year. The plan is to select as many scholarship students as the number of founding anniversaries, and up to this year, about 500 million KRW in funds have been sponsored to a total of 195 students. This fund was created equally from voluntary monthly donations by all Aekyung Industrial employees and the company, making the sharing even more meaningful.

At this ceremony, Aekyung Industrial Executive Director Gibok Song and Seoul Community Chest of Korea Secretary General Yonghee Kim attended and conducted the ceremony.

After the scholarship fund ceremony for migrant background youth held at the Fruit of Love Hall, Song Gibok, Executive Director of Aekyung Industrial (third from the left in the first row), Kim Yonghee, Secretary General of the Seoul Community Chest (second from the left in the first row), and other officials are posing for a commemorative photo.

This content was produced with the assistance of AI translation services.